KBR Inc

KBR: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$57.00	Zywfv	Zzwkcby

KBR Earnings: Strong Backlog Should Support Solid Growth in 2024 and Beyond

Krzysztof Smalec

Feb 21, 2024

KBR posted solid fourth-quarter results featuring a roughly 20% year-over-year increase in adjusted EBITDA. After rolling our model forward one year, we’ve raised our fair value estimate to $64 per share from $62, which reflects our slightly more optimistic near-term expectations as well as the time value of money.

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